The book is divided into 12 country chapters and is presented in a question and answer format that makes it a very user friendly.

Each chapter covers a wide range of key issues that are important to insolvency practitioners including the type of security rights available in each jurisdiction, how security rights are enforced, grounds upon which security rights can be challenged or...

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The financial outsourcing (r)evolution

Luxembourg's well-known financial secrecy laws are changing. Bill n° 7024 amending inter alia Article 41 of the Financial Sector Act of 5 April 1993 (the "FSA") in this respect, initially gave rise to much discussion but was ultimately adopted. Barriers to several financial outsourcing transactions will officially disappear and the (IT) outsourcing landscape could undergo substantial changes. This newsflash takes a closer look at some of the most important changes which not only deal with the rules on professional secrecy but also clarify several organizational requirements to be complied with in outsourcing transactions. Click here for more.